#legal investment mlm company

[ecommersemlmsoftware]

Investment MLM Software encourages existing members to promote and sell their offerings to other individuals and bring on new recruits into the business.Investment MLM plan can be inherited by any users with a little investment and high profit in return, the return policies differs in accordance with the plan rules and regulations.This software also called ROI mlm software.

[alanaisalive]

Broadly, as I understand it, the legal difference between a legal MLM (multi-level marketing) company and an illegal pyramid scheme is that an MLM needs to make the majority of its money from goods or services provided, not from recruiting new seller/investors.

I think these definitions need to be applied more broadly. Legitimate companies should be catering their activities towards customers. Money should be made from providing goods and services. If they are making their money purely from investors, they are essentially a pyramid scheme.

I understand that a lot of companies need investor money to get started, but after a certain point, if all of your decisions are made for the sake of shareholders and to try to get more investment cash at the detriment of your actual customers, you're not a legitimate business, you're a pyramid scheme.

[mlmsoftwarez1]

Choosing the Best MLM Software in Rajasthan for Your Business

The growing popularity of Multi-Level Marketing (MLM) in India has brought an increasing need for reliable and efficient MLM software. Rajasthan, with its burgeoning entrepreneurial spirit and diverse business community, has witnessed a surge in MLM companies looking to streamline their operations. If you're searching for "MLM software in Rajasthan," understanding what to look for and how it can benefit your business is crucial.

Understanding MLM and the Need for MLM Software

Multi-Level Marketing is a business model where companies promote their products or services through a network of distributors. These distributors earn commissions not only on their sales but also on the sales made by their recruits. Managing such a complex structure manually can be challenging.

This is where MLM software comes into play. It automates key aspects of the business, such as tracking sales, calculating commissions, managing distributors, and handling payouts. For companies in Rajasthan, where MLM is gaining traction across urban and rural areas, investing in the right software can significantly boost efficiency and growth.

Features to Look for in MLM Software

When selecting MLM software for your business in Rajasthan, ensure it includes the following features:

Customizable Plans: MLM companies operate using various compensation plans, such as binary, matrix, or unilevel. Choose software that supports customization to suit your specific model.

User-Friendly Interface: Distributors from diverse backgrounds should find the software easy to use, with clear navigation and intuitive dashboards.

Multi-Language Support: Rajasthan is a linguistically diverse state. Software that supports multiple languages, including Hindi and Rajasthani, can make operations smoother.

Secure Payment Integration: The software should integrate seamlessly with payment gateways to ensure timely and secure payouts.

Mobile-Friendly Access: In today’s digital age, having a mobile-compatible platform ensures distributors can manage their tasks on the go.

Real-Time Reports: Access to real-time data and analytics allows you to monitor performance, identify trends, and make informed decisions.

Scalability: As your network grows, the software should adapt and handle the increased load without performance issues.

Benefits of Using MLM Software in Rajasthan

Operational Efficiency: Automation of processes reduces manual errors, saves time, and enhances productivity.

Transparency: Accurate tracking of sales and commissions fosters trust among distributors.

Better Communication: Many MLM software solutions include built-in communication tools to keep distributors informed about updates and announcements.

Regulatory Compliance: MLM software can help businesses adhere to legal requirements, reducing the risk of disputes.

Localized Solutions: With software tailored for Rajasthan’s unique market dynamics, businesses can cater to local needs effectively.

Finding the Right MLM Software Provider in Rajasthan

To find the best MLM software provider in Rajasthan, consider these steps:

Research and Compare: Search for "MLM software in Rajasthan" online to explore available options. Compare features, pricing, and customer reviews.

Check Experience: Opt for providers with experience in the MLM domain and a portfolio of satisfied clients.

Ask for Demos: Most providers offer free demos or trial versions. Utilize these to test the software’s functionality before committing.

Support and Maintenance: Reliable customer support and regular updates are essential for smooth operations.

Customization Options: Choose a provider that can tailor the software to your specific requirements.

Leading MLM Software Providers in Rajasthan

Some reputed providers specializing in MLM software in Rajasthan include:

XYZ MLM Solutions: Known for their customizable plans and excellent support.

TechServe India: Offers mobile-friendly platforms with secure payment integrations.

Rajasthan MLM Systems: Focuses on localized solutions catering to the state’s diverse market.

Conclusion

Investing in the right MLM software is a game-changer for businesses in Rajasthan aiming to scale and succeed in the competitive MLM landscape. By automating operations, ensuring transparency, and providing real-time insights, MLM software simplifies the complexities of multi-level marketing.

Start your search for "MLM software in Rajasthan" today and take a significant step towards enhancing your MLM business’s efficiency and profitability. With the right tools, success is just around the corner!

[mdiastreet]

Ponzis, Pyramids and Schemes

Direct Selling in the Digital Age

The direct selling network is thriving and predicted to continue its growth at a compound annual growth rate (CAGR) of five percent between 2024 and 2032, to reach a value of USD 385.17 billion by 2032. Entrepreneurs have more opportunities than ever to be personally empowered to earn money selling a product that they endorse. However, the channel’s early days of door-to-door sales have evolved tremendously over the years as technology has advanced.

Over a decade ago, the Journal of Personal Selling and Sales Management began to acknowledge that the industry had been forever impacted by the progress of a digital age. In their article “An Assessment of the Use of Technology in the Direct Selling Industry,” Ferrell, Gonzalez-Padron and Ferrell stated, “The traditional notion of direct selling is of an industry that is face-to-face and people-oriented, with a focus on building strong personal relationships with consumers. While technology can improve productivity, it challenges the customary ‘high touch’ tradition in the industry.” Today technology has eliminated much of the human-centric nature of direct selling. It has undoubtedly allowed entrepreneurs to reach more potential clients much faster and led to the development of interactive tools to benefit consumers, but that same technology allows for decreased accountability. Unfortunately, when accountability is lost, the direct selling channel becomes a magnet for nameless, faceless bad actors. The Plague of Pyramid and Ponzi Schemes

It’s been over 100 years since Carlo Pietro Giovanni Guglielmo Tebaldo Ponzi was arrested for mail fraud. The scheme which bears his name now recognizes any fraudulent business wherein money taken in from new investors is used to pay debt to earlier investors. In a Ponzi scheme, returns are promised at a future date, and they are paid off by those who “buy in” later. In much the same way, a pyramid scheme relies on the recruitment of new members and usually requires purchasing products or services to pay those higher in the pyramid. The difference between the scheme and a legitimate multi-level marketing business (MLM) at first glance may be hard to distinguish. In a pyramid scheme, the investment is usually fraudulent from the outset. The investment “opportunities” may change, but the bottom line is that eventually there isn’t enough cash from new investors to sustain the growth.

Direct selling is prone to corruption within a pyramid scheme because the number of MLMs, or businesses that operate with a multi-level component, make it easy to “hide” the fraudulent element of the business long enough for those at the top to take significant profit before it collapses. When Digital Product Sales Go Wrong The gold standard in determining the validity of direct selling businesses is if they offer a legitimate product or service a consumer wants to buy. When it comes to digital products, however, it’s harder to gauge legitimacy and sometimes even to determine what product (if any) is being sold.

Kevin Thompson, an attorney specializing in MLM and a founding partner of Thompson Burton, believes the most important legal case that helped determine specific guidelines for legitimacy was the BurnLounge case. This early digital product and its misguided structure established a precedent upon which companies can be compared to this day. In 2007 the Federal Trade Commission (FTC) got wind of concerns with the company BurnLounge. The company proposed to offer consumers the opportunity to set up an online store where they could sell music and related merchandise. What the FTC learned was that retailers were mostly earning “credits” that could be converted to cash for an extra monthly fee that could only be earned by recruiting new members and selling music store packages. "The promise of easy money is but a wolf’s trap laid out for sheep seeking taller grass." - ― James Jean-Pierre

There was actually very little merchandise being sold—Thompson suggested as little as three percent of revenue was from product sales—and a “significant number” of investors were losing money. Eventually, proprietor Scott Eliot settled with the FTC for nearly $118,000 in 2008. And in 2012, the California Central District Court ruled that the remaining defendants listed in the BurnLounge complaint owed $16.2 million in redress.

Among other legal standards, the BurnLounge verdict established the importance of real product being sold. And when payments and commissions driven by recruitment are the primary revenue source as opposed to sales to ultimate users, it will undoubtedly flag those companies as pyramid schemes.

The Securities and Exchange Commission (SEC) warned that potential MLM marketing programs may be pyramid schemes when there is an “emphasis on recruiting” and specifically to be skeptical if more compensation is earned for recruiting others than for product sales. A red flag is when the recruiter builds hope solely focused on opportunity—they’re usually misrepresenting what’s possible. Crypto and MLMs

Social media platforms and messaging apps are fertile breeding ground for fraudulent investment “opportunities” involving cryptocurrency or foreign currency trading (forex). They often begin with an unsolicited pitch or an invitation to join an unfamiliar trading website.

When it comes to cryptocurrency and its promise of passive income based on recruiting and investment in a digital “product” as part of an MLM, the offering was almost destined to draw in business owners with fraudulent motives. As the cryptocurrency and forex markets exploded in the last decade (at one point Forbes suggested there were almost 23,000 cryptocurrencies), the nature of the digital currency itself makes it a prime target for a Ponzi scheme.

Investing in a digital product with a short-term rate of remarkably high returns with representatives that may have little to no education in finance or banking soliciting new investors are all signs of “bad apples.” Thompson said in a recent post, “It’s time to state the obvious: Crypto + MLM = Legally Impossible.”

It’s a sentiment shared by many in the industry. As a general rule, cryptocurrency and other digital financial product companies are not legitimate network marketing opportunities. Thousands of cryptocurrencies have failed—whether because they were a scam from the beginning or because of poor management.

One of the biggest scams was OneCoin, which, according to the US Attorney’s Office for the Southern District of New York, generated over four billion Euros in sales revenue between fourth quarter 2014 and fourth quarter 2016 operating as an MLM through which members received commissions for recruiting others to purchase cryptocurrency packages.

In reality, there was no mining of coins. Founder Karl Greenwood, a citizen of Sweden and the United Kingdom, was finally arrested in July 2018; extradited to the US; and pled guilty to one count of conspiracy to commit wire fraud; one count of wire fraud; and one count of conspiracy to commit money laundering. His business partner Ruja Ignatova has been missing since 2017 and remains on the FBI’s Top Ten Most Wanted List. Masking the Investment in Digital Products

When there is no tangible physical product being transferred from seller to consumer, it is much easier for the company to use its own structure to mask how investors can actually earn money. One of the latest scams was OmegaPro. Founded in 2019 by Dilawar Singh, the company did not offer any physical product, rather it offered online trading services.

For a $29 investment, members could purchase different levels of licenses. The commission structure got confusing from there, which is yet another hallmark of a pyramid scheme according to warnings from the SEC. Affiliates needed to earn different rank volumes to maintain their ranks with stronger and weaker legs with downline requirements. There were three levels of leadership pools. And 30 percent of earned commission automatically went to an e-wallet; the remaining 70 percent was added to the passive wallet. Confused yet?

The main problem was that there was never any indication OmegaPro held any license as a broker or was authorized by any authority. Spain, Peru, Chile and France all issued warnings about the organization. When OmegaPro collapsed in December 2022, it issued a statement that it had sold its investor database to BrokerGroup, which has questionable roots itself. It came as no surprise that OmegaPro was run from Dubai.

Why Dubai?

A huge number of digital and cryptocurrency companies are headquartered in Dubai. In 2021 they expected to have at least 1,000 cryptocurrencies in the country by 2022, but that may now be impacted somewhat by regulatory and licensing requirements implemented earlier in 2023. Why so many in one city in the United Arab Emirates (UAE)? One reason may be because they have no extradition treaty, but they can actually claim to have oversight.

According to the International Trade Administration, “The Department of Economic Development (DED) consented to the formation of the Direct Selling Association in UAE (DSA), an official member of the World Federation of Direct Selling Associations (WFDSA), in order to promote transparency and to regulate the sector.”

The DSA was established in 2009 representing 14 direct selling companies operating in the region. Although network marketing in Saudi Arabia is expressly prohibited, in Dubai it is almost encouraged even though technically, according to the Dubai-based Fotis International law firm, “…only 14 companies are legally certified to work as direct sellers in the UAE.”

Fotis International stated, “The DSA UAE’s mission is to promote the direct selling industry in the UAE and the Middle East and safeguard consumers’ rights by adhering to the peak level of business integrity” and that “legitimate direct selling companies play a vital role in the socio-economic development of the UAE and the Middle East.”

The DSA outlines specifics regarding registration requirements, trade licenses and consumer’s rights for direct sellers. However, these are expressly spelled out for UAE citizens with little mention of the responsibilities of the company to consumers outside of the region. It appears that if they don’t target UAE residents, companies can operate without fear of regulation. Behind MLM’s anonymous author says, “Within Dubai, so long as they don’t target UAE locals, scammers are free to scam anyone from anywhere.”

Global Legal Insights points out in their analysis of bribery and corruption charges that “as a civil law jurisdiction, UAE judicial judgments are not available publicly,” making it difficult to determine if any of these direct sellers are being prosecuted within Dubai for any reason. But chances are that any hint of corruption in foreign countries is likely evidence of concern for US investors, sellers and consumers. As Thompson posed, “When you see smoke overseas is there a fire domestically?”

Getting Caught

It is difficult to keep up with the lawsuits, name changes and faces affiliated with one company that shows up again with a new endeavor. Global Wealth Trade Corporation became Opulence Global. Melius rebranded to BE. Dubli, Inc. is now Ominto, Inc.—just to name a few.

The fact that they are changing names is not necessarily a cause for concern, but it does raise questions about the reasons behind the rebranding. Sometimes the name change is because they’re setting up a parent company to buy other companies. But in other instances, the companies could be trying to “juice” recruiting and hope the new name will reach new investors. Thompson said that usually the impetus to change names is because there is negativity associated with the previous brand but reminds investors the name change “helps zero with regulatory activity” if there is any.

Regulators are, however, catching up to those who are not doing right by the direct selling channel. iX Global claimed to be the “fastest-growing self-betterment platform” as a fintech company that taught investors how to earn passive money through cryptocurrencies as well as other AI trading self-managed accounts.

In July 2023 the SEC named 18 defendants including CEO Joe Martinez in suing the company for securities fraud. According to Behind MLM, prior to launching iX Global, Martinez was a promoter of Investview’s fraudulent Kuvera Global investment scheme. iX Global’s top promoters and earners are also former Kuvera Global promoters. In response to the lawsuit, ix Global reminded investors, “We do not offer any guarantees of ROI (return on investment).”

The concerns about MLMs and digital products extend beyond cryptocurrency, forex and other derivatives. Social networks, NFTs, discount shopping, legal services and all sorts of education platforms (such as the ones claiming to educate investors in crypto) are prime targets for pyramid and Ponzi schemes—and frequently linked to cryptocurrency companies.

Onyx Lifestyle reported to have in the first month of business in 2019 over 4,200 “members” (aka investors), and the company claimed earnings of over $10 million. The company offered “global banking through your personal account” in addition to membership tiers that provided a “premier membership card” that was “a key to luxury” along with exclusive access to events.

A class action lawsuit was filed in 2021. Travis Bott and Clif Braun were both affiliated with the organization and according to Behind MLM, “Travis Bott is a serial securities fraud offender. Behind MLM has attached him to multiple Ponzi schemes over the years. Travis Bott first appeared on Behind MLM’s radar in mid 2017. We tied Bott to Divvee’s illegal securities fraud offering, through Ryze AI. Bott reemerged in late 2017 with Westmyn, a shell company used to commit securities fraud through Investview’s Wealth Generators. Investview was subpoenaed and subsequently fined $150,000 by the CFTC in 2018. A year later Travis Bott went solo with Onyx Lifestyle. In mid 2021 what was left of Onyx Lifestyle was rolled into Digital Profit. Digital Profit imploded with a ‘bad trades’ exit-scam in August 2021. Investors lost hundreds of thousands of dollars.”

Behind MLM also recently reported on the bankruptcy filing of Lyoness in Europe. Stated reasons for the bankruptcy include the lingering effects of the pandemic, the ongoing energy crisis and inflation. But Beyond MLM remains skeptical of both the filing and Lyoness. As stated in their article, “Lyoness is a Ponzi scheme….Over the years, Lyoness has gone through many iterations, name changes and associated shell company registrations.”

Lyoness was declared to be a pyramid scheme and fined 3.2 million Euros in 2019 in Italy. The company ignored the ban and was fined an additional 3 million Euros in 2021. The company has been outlawed in Norway, Poland, Russia and Lichtenstein. It was revealed through the bankruptcy proceedings, the company is $110 million in debt in November 2023.

The adage “if it sounds too good to be true, it probably is” couldn’t be more applicable than when examining these schemes. “It’s amazing the BS consumers fall for,” Thompson shared.

The Threat to Legitimate Direct Sellers

Direct selling’s reputation suffers because of the actions of those who don’t play by the rules of the channel. Direct selling companies are becoming much more cognizant of how cryptocurrency schemes masquerading as MLMs threaten the identity and reputation of the direct selling channel.

Conventional wisdom calls for more self-regulation to protect sellers and consumers. The very real risk is that unethical, unsustainable cryptocurrency and forex schemes become synonymous with legitimate direct selling opportunities in the minds of consumers and entrepreneurs alike. Vigilance, oversight and transparency are all key and must be a priority for all direct selling companies and affiliated trade associations.

It’s also important that prospects exploring these opportunities exercise extreme due diligence. Fortunately, investors live in a world where they have more access to information than at any time in history. Every industry has bad actors, and every investor must do their homework and seek expert guidance to avoid fraudulent opportunities. But legitimate direct selling companies operate much differently than the bad actors discussed here.

The important differentiator for direct selling is the relationships upon which the industry is built. The channel’s uniqueness rests on the fact that there is a team of real people with real relationships driving the business.

And that collaboration is key. Maybe some of those lessons from those early door-to-door days are still applicable today. The distribution channel must be the priority, and the business is all about repeat sales and loyal customers. And if the industry continues to build on that foundation, direct selling’s future is limitless.

[sophiethomas]

Irle Moser Try to Suppress Ties to GSPartners & Josip Heit

A case filed by Irle Moser in the Regional Court of Hamburg in late 2023 names Google as a Defendant.

Irle Moser has taken issue with being labeled a “partner-in-crime” of Josip Heit’s. Instead of engaging BehindMLM, publisher of the statement in question, Irle Moser has targeted Google.

Thus far Google hasn’t participated in Irle Moser’s latest proceedings. This means the Hamburg District Court’s order has been made on procedural grounds, as opposed to due-process. Procedurally, it must be assumed that the statement according to which the claimants helped Mr Heit to carry out criminal acts by carrying out their own criminal acts is untrue.

BehindMLM published the “under threat” article in November 2023. It was a response to a New York Supreme Court petition, instigated by an earlier Irle Moser lawsuit also targeting Google.

Irle Moser represent Josip Heit’s and, by proxy, GSPartners’ legal interests in Germany.

Irle Moser were behind targeting of BehindMLM in Ukraine in 2021. After that went nowhere the law firm escalated their campaign of suppression in the Hamburg District Court against Google.

Google didn’t respond to proceedings, resulting in a March 2022 order seeing BehindMLM’s due-diligence into GSPartners blocked in Germany.

Irle Moser’s 2022 order was the basis of the filed New York Supreme Court petition (currently under appeal).

Getting back to Irle Moser being Heit’s “partners-in-crime”, to date GSPartners has received regulatory fraud warnings and enforcement action from twelve US states, five Canadian provinces, South Africa, Australia and New Zealand.

The Texas State Securities Board’s order stated Heit, through GSPartners and related companies, was perpetrating various fraudulent investment schemes that are threatening immediate and irreparable public harm.

As part of operation of said fraudulent investment schemes, GSPartners’ NYSC petition was cited as an example of Heit’s efforts to impose “sanctions and lawsuits against private parties warning others” of his fraudulent conduct (pg. 46, par. 136).

With respect to BehindMLM, those efforts began with Irle Moser’s actions in Ukraine and Germany.

In the US securities fraud charges can be both civil and criminal. On the criminal side of things, MLM related securities fraud typically involves:

securities fraud (including conspiracy to commit securities fraud)

wire fraud (including conspiracy to commit wire fraud) and

money laundering

Obviously be it civil or criminal charges, securities fraud is illegal in the US. It’s illegal in Germany too, although German authorities tend to be years behind their US counterparts in major MLM fraud cases.

In their correspondence with FinTelegram, Irle Moser dismissed regulatory fraud warnings against GSPartners and Heit as “irrelevant”.

Those “irrelevant” warnings and enforcement actions would eventually lead to GSPartners “terminating” US and Canadian investor accounts.

In a February 12th filing as part of ongoing regulatory fraud proceedings in Arizona, GSPartners claimed, as result of action by regulators, that its “entire business has been effectively shuttered”.

State-level investigations into GSPartners and Heit are ongoing. Federal level investigations are also underway.

Beyond Texas noting “sanctions and lawsuits against private parties warning others”, whether Irle Moser and their conduct is within the scope of those investigations is unclear.

With respect to the recent District Court of Hamburg’s order, BehindMLM has unfortunately had to block our coverage of Irle Moser’s ties to GSPartners and Josip Heit for our German readers.

Other statements in BehindMLM’s “under threat” article Irle Moser brought up in their Complaint include:

the assertion Irle Moser’s proceedings were brought ex-parte

the use of photographs of Ben Irle, Christian-Oliver Moser (and presumably Josip Heit) in our reporting

The court rejected both claims, finding;

In other respects the claim for injunctive relief has no merit.

The statement according to which the claimants had initiated one-party (ex parte) proceedings is not proven to be untrue.

From previous proceedings the Chamber knows that the claimants did indeed initiate ex parte proceedings.

With regard to the use of the claimant’s photographs the claim for injunctive relief has no merit.

Even when considering the fact that one sentence int he article referring to the claimants had to be prohibited, the statement in the reporting that the claimants act for Mr Heit in court proceedings, among others in Germany, is not objectionable.

The author was permitted to use the photographs to support the reporting.

The Hamburg District Court required Irle Moser and Google to pay 7,777 EUR and 6,666 EUR in legal costs respectively.

Google advises it is “currently assessing their legal options regarding the court order.”

If the order is successfully challenged BehindMLM will restore access to our “under threat” article to German readers.

Alternatively, we will also restore access if US federal fraud proceedings are brought against GSPartners, Heit and/or Irle Moser first.

[aishakhatoonblogs]

Irle Moser Try to Suppress Ties to GSPartners & Josip Heit

A case filed by Irle Moser in the Regional Court of Hamburg in late 2023 names Google as a Defendant.

Irle Moser has taken issue with being labeled a “partner-in-crime” of Josip Heit’s. Instead of engaging BehindMLM, publisher of the statement in question, Irle Moser has targeted Google.

Thus far Google hasn’t participated in Irle Moser’s latest proceedings. This means the Hamburg District Court’s order has been made on procedural grounds, as opposed to due-process. Procedurally, it must be assumed that the statement according to which the claimants helped Mr Heit to carry out criminal acts by carrying out their own criminal acts is untrue.

The statement in question, “I learned about the order in mid 2021, through Heit’s partners-in-crime in Germany, Irle Moser”, was made in the article “BehindMLM is under threat (GSPartners & the NYSC)“.

BehindMLM published the “under threat” article in November 2023. It was a response to a New York Supreme Court petition, instigated by an earlier Irle Moser lawsuit also targeting Google.

Irle Moser represent Josip Heit’s and, by proxy, GSPartners’ legal interests in Germany.

Irle Moser were behind targeting of BehindMLM in Ukraine in 2021. After that went nowhere the law firm escalated their campaign of suppression in the Hamburg District Court against Google.

Google didn’t respond to proceedings, resulting in a March 2022 order seeing BehindMLM’s due-diligence into GSPartners blocked in Germany.

Irle Moser’s 2022 order was the basis of the filed New York Supreme Court petition (currently under appeal).

Getting back to Irle Moser being Heit’s “partners-in-crime”, to date GSPartners has received regulatory fraud warnings and enforcement action from twelve US states, five Canadian provinces, South Africa, Australia and New Zealand.

The Texas State Securities Board’s order stated Heit, through GSPartners and related companies, was perpetrating various fraudulent investment schemes that are threatening immediate and irreparable public harm.

As part of operation of said fraudulent investment schemes, GSPartners’ NYSC petition was cited as an example of Heit’s efforts to impose “sanctions and lawsuits against private parties warning others” of his fraudulent conduct (pg. 46, par. 136).

With respect to BehindMLM, those efforts began with Irle Moser’s actions in Ukraine and Germany.

In the US securities fraud charges can be both civil and criminal. On the criminal side of things, MLM related securities fraud typically involves:

securities fraud (including conspiracy to commit securities fraud)

wire fraud (including conspiracy to commit wire fraud) and

money laundering

Obviously be it civil or criminal charges, securities fraud is illegal in the US. It’s illegal in Germany too, although German authorities tend to be years behind their US counterparts in major MLM fraud cases.

Point is, within the context of ongoing regulatory and law enforcement action against Josip Heit and GSPartners, there’s a basis to seeing Irle Moser as Heit’s “partners-in-crime”.

In their correspondence with FinTelegram, Irle Moser dismissed regulatory fraud warnings against GSPartners and Heit as “irrelevant”.

Those “irrelevant” warnings and enforcement actions would eventually lead to GSPartners “terminating” US and Canadian investor accounts.

In a February 12th filing as part of ongoing regulatory fraud proceedings in Arizona, GSPartners claimed, as result of action by regulators, that its “entire business has been effectively shuttered”.

It’s not hard to see why Irle Moser might now be keen to publicly distance themselves from GSPartners and Heit. Behind the scenes however, Irle Moser are still very much involved.

State-level investigations into GSPartners and Heit are ongoing. Federal level investigations are also underway.

Beyond Texas noting “sanctions and lawsuits against private parties warning others”, whether Irle Moser and their conduct is within the scope of those investigations is unclear.

With respect to the recent District Court of Hamburg’s order, BehindMLM has unfortunately had to block our coverage of Irle Moser’s ties to GSPartners and Josip Heit for our German readers.

Other statements in BehindMLM’s “under threat” article Irle Moser brought up in their Complaint include:

the assertion Irle Moser’s proceedings were brought ex-parte

the use of photographs of Ben Irle, Christian-Oliver Moser (and presumably Josip Heit) in our reporting

The court rejected both claims, finding;

In other respects the claim for injunctive relief has no merit.

The statement according to which the claimants had initiated one-party (ex parte) proceedings is not proven to be untrue.

From previous proceedings the Chamber knows that the claimants did indeed initiate ex parte proceedings.

With regard to the use of the claimant’s photographs the claim for injunctive relief has no merit.

Even when considering the fact that one sentence int he article referring to the claimants had to be prohibited, the statement in the reporting that the claimants act for Mr Heit in court proceedings, among others in Germany, is not objectionable.

The author was permitted to use the photographs to support the reporting.

The Hamburg District Court required Irle Moser and Google to pay 7,777 EUR and 6,666 EUR in legal costs respectively.

Google advises it is “currently assessing their legal options regarding the court order.”

If the order is successfully challenged BehindMLM will restore access to our “under threat” article to German readers.

Alternatively, we will also restore access if US federal fraud proceedings are brought against GSPartners, Heit and/or Irle Moser first.

[irfanazmiblogs]

Irle Moser try to suppress ties to GSPartners & Josip Heit

A case filed by Irle Moser in the Regional Court of Hamburg in late 2023 names Google as a Defendant.

Irle Moser has taken issue with being labeled a “partner-in-crime” of Josip Heit’s. Instead of engaging BehindMLM, publisher of the statement in question, Irle Moser has targeted Google.

Thus far Google hasn’t participated in Irle Moser’s latest proceedings. This means the Hamburg District Court’s order has been made on procedural grounds, as opposed to due-process. Procedurally, it must be assumed that the statement according to which the claimants helped Mr Heit to carry out criminal acts by carrying out their own criminal acts is untrue.

The statement in question, “I learned about the order in mid 2021, through Heit’s partners-in-crime in Germany, Irle Moser”, was made in the article “BehindMLM is under threat (GSPartners & the NYSC)“.

Irle Moser claims this infringes their “personality rights”. Personality rights applies to individuals. Unfortunately the copy of proceedings Google provided is redacted.

BehindMLM published the “under threat” article in November 2023. It was a response to a New York Supreme Court petition, instigated by an earlier Irle Moser lawsuit also targeting Google.

Irle Moser represent Josip Heit’s and, by proxy, GSPartners’ legal interests in Germany.

Irle Moser were behind targeting of BehindMLM in Ukraine in 2021. After that went nowhere the law firm escalated their campaign of suppression in the Hamburg District Court against Google.

Google didn’t respond to proceedings, resulting in a March 2022 order seeing BehindMLM’s due-diligence into GSPartners blocked in Germany.

Irle Moser’s 2022 order was the basis of the filed New York Supreme Court petition (currently under appeal).

Getting back to Irle Moser being Heit’s “partners-in-crime”, to date GSPartners has received regulatory fraud warnings and enforcement action from twelve US states, five Canadian provinces, South Africa, Australia and New Zealand.

The Texas State Securities Board’s order stated Heit, through GSPartners and related companies, was perpetrating various fraudulent investment schemes that are threatening immediate and irreparable public harm.

As part of operation of said fraudulent investment schemes, GSPartners’ NYSC petition was cited as an example of Heit’s efforts to impose “sanctions and lawsuits against private parties warning others” of his fraudulent conduct (pg. 46, par. 136).

With respect to BehindMLM, those efforts began with Irle Moser’s actions in Ukraine and Germany.

In the US securities fraud charges can be both civil and criminal. On the criminal side of things, MLM related securities fraud typically involves:

securities fraud (including conspiracy to commit securities fraud)

wire fraud (including conspiracy to commit wire fraud) and

money laundering

Obviously be it civil or criminal charges, securities fraud is illegal in the US. It’s illegal in Germany too, although German authorities tend to be years behind their US counterparts in major MLM fraud cases.

Point is, within the context of ongoing regulatory and law enforcement action against Josip Heit and GSPartners, there’s a basis to seeing Irle Moser as Heit’s “partners-in-crime”.

Outside of action against BehindMLM Irle Moser has also targeted FinTelegram for reporting on regulatory fraud warnings against GSPartners.

In their correspondence with FinTelegram, Irle Moser dismissed regulatory fraud warnings against GSPartners and Heit as “irrelevant”.

Those “irrelevant” warnings and enforcement actions would eventually lead to GSPartners “terminating” US and Canadian investor accounts.

In a February 12th filing as part of ongoing regulatory fraud proceedings in Arizona, GSPartners claimed, as result of action by regulators, that its “entire business has been effectively shuttered”.

It’s not hard to see why Irle Moser might now be keen to publicly distance themselves from GSPartners and Heit. Behind the scenes however, Irle Moser are still very much involved.

Billionico is the latest iteration of GSPartners. Irle Moser, on behalf of an undisclosed third-party (winkwink), filed for ownership of Billionico as a European Union Trademark on February 16th.

State-level investigations into GSPartners and Heit are ongoing. Federal level investigations are also underway.

Beyond Texas noting “sanctions and lawsuits against private parties warning others”, whether Irle Moser and their conduct is within the scope of those investigations is unclear.

With respect to the recent District Court of Hamburg’s order, BehindMLM has unfortunately had to block our coverage of Irle Moser’s ties to GSPartners and Josip Heit for our German readers.

Other statements in BehindMLM’s “under threat” article Irle Moser brought up in their Complaint include:

the assertion Irle Moser’s proceedings were brought ex-parte

the use of photographs of Ben Irle, Christian-Oliver Moser (and presumably Josip Heit) in our reporting

The court rejected both claims, finding;

In other respects the claim for injunctive relief has no merit.

The statement according to which the claimants had initiated one-party (ex parte) proceedings is not proven to be untrue.

From previous proceedings the Chamber knows that the claimants did indeed initiate ex parte proceedings.

With regard to the use of the claimant’s photographs the claim for injunctive relief has no merit.

Even when considering the fact that one sentence int he article referring to the claimants had to be prohibited, the statement in the reporting that the claimants act for Mr Heit in court proceedings, among others in Germany, is not objectionable.

The author was permitted to use the photographs to support the reporting.

The Hamburg District Court required Irle Moser and Google to pay 7,777 EUR and 6,666 EUR in legal costs respectively.

Google advises it is “currently assessing their legal options regarding the court order.”

If the order is successfully challenged BehindMLM will restore access to our “under threat” article to German readers.

Alternatively, we will also restore access if US federal fraud proceedings are brought against GSPartners, Heit and/or Irle Moser first.

[dannydehekfacts]

Revealing MLM Schemes- Danny De Hek Dubious Promotions

Danny De Hek, a well-known multi-level marketing (MLM) world promoter, has gained attention for promoting different MLM projects. However, many of these projects have been investigated for their questionable practices. BehindMLM, a website committed to researching and revealing the facts of MLM schemes, has often reported on De Hek’s activities. In this blog, we’ll explore what MLMs are, the famous Youtuber’s role in promoting them, and the critical insights provided by BehindMLM.

What is MLM: An Overview?

Multi-level marketing (MLM) is a business model where individuals vend products directly to consumers and employ others to join the venture. Participants earn commissions from their sales and a portion of the sales made by their recruits. While some MLM businesses are genuine, others are thinly masked pyramid schemes, which are illegitimate and unsuspecting.

Danny De Hek’s Involvement in MLM

Danny De Hek, a famous social media personality, has been a passionate supporter of different MLM projects. He utilizes his social media podiums to promote these earning opportunities. De Hek often emphasizes potential earnings and downplays the risks involved. This approach has raised concerns among critics and watchdogs, who debate that these promotions can be misleading and harmful.

Common Traits of Unproven MLMs

Exaggerated Income Claims: Promoters often promise high earnings with minimal effort. They share stories of individuals making notable incomes rapidly, which can attract more people to join without comprehending the full picture.

Focus on Recruitment: In dubious MLMs, there is more emphasis on recruiting new members than on selling actual products. This creates a situation where the primary income source is new recruits’ fees rather than product sales.

High Initial Investment: These schemes usually require substantial upfront fees to join. This can range from hundreds to thousands of dollars, putting a financial burden on new members.

Lack of Transparency: Questionable MLMs often provide vague details about the company, its founders, and its operations. This makes it difficult for potential recruits to make informed decisions.

BehindMLM’s Investigations

BehindMLM has posted many articles scrutinizing the MLM projects promoted by Danny De Hek. These inquiries unmask a pattern of dubious business practices, lack of proof for income claims, and administrative issues. Here are some key findings:

Questionable Business Practices: Many of the MLMs promoted by De Hek operate in ways that feature pyramid schemes. This comprises heavy reliance on electing new members rather than emphasizing product sales.

Lack of Evidence: BehindMLM often points out the lack of evidence for the high-income and product efficiency claims made by these MLMs. Without solid evidence, these allegations remain unproven and probably misleading.

Regulatory Issues: Some MLM projects promoted by Danny have faced legal actions or warnings from authorities. This adds another layer of risk for people thinking of joining these schemes.

Instances of MLM Projects Promoted by Danny De Hek

He promoted projects that promise high returns through cryptocurrency investments. However, it lacked clear business operations and was flagged by multiple regulatory bodies. The promises made to recruits were not backed by tangible results or reliable business practices. Moreover, he is a big supporter of projects focused on health supplements. This MLM made exaggerated health benefit claims. The emphasis was more on hiring new members rather than selling the products, raising red flags about its credibility. In addition to this, he promoted the MLM project that claimed to offer transformative tech products but had no valid product development or corporate structure. The lack of transparency and the focus on recruitment over product sales were major concerns.

What Risks Are Involved in MLMs?

Monetary Loss: The high initial capitalization and ongoing prices can lead to substantial financial losses, especially if the guaranteed returns do not emerge.

Time and Effort: MLMs require good time and effort, often more than classic jobs, with no promise of success. Many participants find that the rewards do not justify the effort.

Reputational Damage: Being associated with an unsuccessful or despicable MLM can harm personal and professional reputation. This can have long-term consequences, especially if the MLM faces legitimate concerns.

Conclusion

While MLMs can offer genuine business opportunities, the projects supported by figures like Danny De Hek often come with substantial risks and red flags. Performing thorough research and being wary of melodramatic claims is essential for anyone who wants to join an MLM. BehindMLM’s investigative work provides valuable insights and warnings, helping aspiring investors make wise decisions.

Understanding the nature of these projects and the role of promoters like Danny De Hek is crucial for navigating the complex world of MLMs. By staying informed and aware, individuals can evade the pitfalls liked with questionable MLM schemes and defend their financial and personal well-being.

Danny De Hek, a popular New Zealand YouTuber, has fostered a reputation on social media for his outspoken and often controversial content, mainly focusing on revealing scams and summarizing businesses.Danny De Hek’s comments highlights the significance of liable influence and the need for informed and sensitive discourse.

[writerelliejackson]

Healy Reviews: Unveiling the Healy Device Scam

https://cdn.embedly.com/widgets/media.html?type=text%2Fhtml&key=a19fcc184b9711e1b4764040d3dc5c07&schema=reddit&url=https%3A//www.reddit.com/r/mlmscams/comments/1e6w8i6/healy_device_is_fraud_healy_device_scam/&image=

The Healy Device: What is it?

The Healy device is a small wearable gadget that claims to use microcurrent frequency technology to promote overall health. It is marketed as a holistic wellness tool that can address various health issues, ranging from chronic pain to mental health disorders. The device connects to a smartphone app and allegedly delivers specific frequencies to the body to stimulate healing.

Grand Promises and High Hopes

At first glance, the Healy device appears to be a promising solution for those seeking alternative health treatments. The marketing materials and testimonials on their website paint a picture of miraculous recoveries and life-changing benefits. Users are led to believe that the Healy device can replace traditional medical treatments and provide a new level of wellness.

The Reality: Unfulfilled Promises

However, many users have reported that the Healy device fails to deliver on its grand promises. Despite the hefty price tag, ranging from several hundred to thousands of dollars, numerous customers have experienced no noticeable improvements in their health. The lack of tangible results has led to growing frustration and disappointment among users.

Healy’s Questionable Business Practices

One of the most concerning aspects of the Healy device is the company’s questionable business practices. Many customers have reported deceptive marketing tactics, aggressive sales techniques, and misleading information. Healy representatives often pressure potential buyers into making quick decisions, capitalizing on their health concerns and vulnerabilities.

The MLM Structure: A Red Flag

Healy operates under a multi-level marketing (MLM) structure, which raises several red flags. MLMs are notorious for their pyramid-like schemes, where a small number of individuals at the top make significant profits while the majority of participants struggle to recoup their investments. This structure incentivizes Healy representatives to prioritize recruitment over genuine product effectiveness, leading to an endless cycle of disappointment and financial loss for new recruits.

False Testimonials and Fabricated Reviews

In an effort to build credibility and attract new customers, Healy has been accused of using false testimonials and fabricated reviews. Many of the glowing reviews and success stories featured on their website and social media platforms are believed to be exaggerated or entirely fake. This deceptive practice further misleads potential buyers, creating an illusion of widespread satisfaction and success.

Unsubstantiated Health Claims

The Healy device’s health claims lack scientific validation. Despite the company’s bold assertions, there is little to no credible scientific evidence supporting the efficacy of microcurrent frequency technology in treating the wide range of health issues claimed by Healy. Reputable medical professionals and experts have criticized the device for its lack of empirical support, labeling it as pseudoscience.

Financial Losses and Refund Issues

Countless customers have reported significant financial losses after purchasing the Healy device. The high cost, combined with the lack of results, has left many feeling deceived and exploited. Furthermore, obtaining a refund from the company has proven to be an arduous and often unsuccessful process. Many users have shared their experiences of unresponsive customer service and refusal to honor refund requests.

Legal Actions and Investigations

The growing number of complaints and allegations against Healy has prompted legal actions and investigations in several countries. Consumer protection agencies and regulatory bodies are scrutinizing the company’s practices, aiming to hold them accountable for their fraudulent activities. While these actions are a step in the right direction, many affected individuals continue to await justice and restitution.

Personal Stories of Betrayal

The real impact of the Healy scam can be seen in the personal stories of those who have fallen victim to it. Many individuals have shared their experiences of investing their hard-earned money into the device, only to be met with disappointment and financial strain. The emotional toll of feeling betrayed and scammed adds to the overall distress caused by the Healy device.

Case Study 1: Emma’s Experience

Emma, a 45-year-old mother of two, was desperate to find relief from her chronic pain. After reading about the Healy device online, she decided to give it a try. She spent over $1,000 on the device and additional accessories, hoping it would improve her quality of life. However, after months of use, she saw no improvement in her condition. When she reached out to Healy for a refund, her requests were ignored, leaving her feeling helpless and cheated.

Case Study 2: John’s Story

John, a retired engineer, was intrigued by the Healy device’s claims of enhancing mental clarity and reducing stress. He invested in the device and even became a Healy representative, convinced of its potential. However, he soon realized that the promised benefits were nonexistent. Despite his efforts to sell the device to others, he struggled to make any sales, leading to financial losses and damaged relationships with friends and family who felt misled by his recommendations.

The Need for Consumer Awareness

The Healy device scam underscores the importance of consumer awareness and skepticism when evaluating health products. In an era where wellness trends and alternative treatments are highly popularized, it is crucial to critically assess the claims and evidence behind such products. Consumers should prioritize reputable sources of information and consult with medical professionals before investing in unproven devices.

Protecting Yourself from Scams

To protect yourself from falling victim to scams like the Healy device, consider the following tips:

1. Research Thoroughly: Before purchasing any health product, conduct thorough research. Look for credible reviews, scientific studies, and expert opinions. 2. Beware of High-Pressure Sales Tactics: Be cautious of sales representatives who pressure you into making quick decisions. Take your time to evaluate the product and its claims. 3. Check for Scientific Evidence: Ensure that the product’s claims are backed by credible scientific evidence. Look for peer-reviewed studies and reputable sources of information. 4. Consult with Professionals: Always consult with medical professionals before trying new health treatments. They can provide valuable insights and guidance based on your individual needs. 5. Read the Fine Print: Pay close attention to the company’s refund policy and terms of service. Ensure that you understand your rights as a consumer.

Conclusion: A Cautionary Tale

The Healy device serves as a cautionary tale for those seeking alternative health solutions. Despite its enticing promises and polished marketing, the reality is far from what is advertised. The numerous negative reviews, financial losses, and allegations of fraudulent practices paint a grim picture of this so-called wellness device. By sharing these stories and shedding light on the truth, we hope to protect others from falling victim to the Healy scam.

In the end, the Healy device’s legacy will likely be remembered as one of Germany’s most notorious scams, leaving a trail of disappointed and financially burdened individuals in its wake. It is essential to remain vigilant and informed, ensuring that we make wise and informed decisions when it comes to our health and well-being.

[zennixit]

Unveiling the Landscape of Crypto MLM Companies in India: A Comprehensive Guide

In the rapidly evolving world of cryptocurrency, India stands as a significant player, witnessing a surge in interest and investment in blockchain technology and digital currencies. With the rise of innovative business models, Multi-Level Marketing (MLM) has found a niche within the crypto space, offering individuals opportunities to participate in the booming industry while earning commissions through network marketing.

If you're intrigued by the concept of combining cryptocurrency with MLM opportunities in India, you're in the right place. In this comprehensive guide, we delve into the realm of Crypto MLM companies in India, exploring their features, benefits, and potential challenges.

Understanding Crypto MLM Companies

Crypto MLM companies operate on the principles of network marketing, where individuals can earn commissions not only from their direct sales but also from the sales made by the members they recruit into the network. These companies leverage the power of cryptocurrencies, such as Bitcoin, Ethereum, and others, as the medium of exchange within their compensation plans.

The Appeal of Crypto MLM in India

Financial Inclusion: In a country like India, where traditional banking services may not be accessible to all, crypto MLM presents an opportunity for financial inclusion, allowing individuals from diverse backgrounds to participate in the digital economy.

Potential for High Returns: With the volatile nature of cryptocurrency markets, there's potential for substantial returns on investments, attracting individuals seeking lucrative earning opportunities.

Flexibility and Autonomy: Crypto MLM often offers flexible working arrangements, enabling individuals to work at their own pace and build their business from anywhere with an internet connection.

Factors to Consider Before Joining a Crypto MLM Company

Regulatory Compliance: Given the evolving regulatory landscape surrounding cryptocurrencies in India, it's crucial to ensure that the MLM company complies with relevant laws and regulations to avoid any legal complications.

Transparency and Security: Look for companies that prioritize transparency in their operations and offer robust security measures to safeguard your investments and personal information.

Product or Service Offering: Evaluate the products or services offered by the company. Are they legitimate and valuable, or do they primarily rely on recruitment for revenue generation?

Compensation Plan: Understand the compensation structure thoroughly, including commission rates, bonuses, and any requirements or quotas you need to meet to qualify for earnings.

Popular Crypto MLM Companies in India

BitConnect: Despite its controversial history, BitConnect gained popularity in India for its promise of high returns through lending and staking programs. However, it faced regulatory scrutiny and eventual shutdown.

OneCoin: Another infamous example, OneCoin claimed to be a legitimate cryptocurrency but was later exposed as a Ponzi scheme, resulting in legal action against its founders.

GainBitcoin: Marketed as a cloud mining platform, GainBitcoin attracted Indian investors with promises of guaranteed returns. However, it faced allegations of fraud and Ponzi-like operations.

Conclusion

While the allure of combining cryptocurrency with MLM opportunities can be enticing, it's essential to approach such ventures with caution and due diligence. As the regulatory landscape continues to evolve in India, prospective participants should thoroughly research any Crypto MLM company before getting involved.

Remember, success in MLM requires dedication, persistence, and a solid understanding of both the product/service being offered and the mechanics of the compensation plan. By staying informed and making informed decisions, you can navigate the landscape of Crypto MLM companies in India responsibly and potentially reap the rewards of this burgeoning industry.

For more insights and updates on cryptocurrency trends and MLM opportunities, stay tuned to ZennixIT, your trusted source for innovative solutions in the digital realm.

[mount66news]

The Blockchain Era: Is it a Ponzi Scheme? The Truth Exposed (Update 2024)

As I had the opportunity to put my understanding to use in a variety of investing plans so that I could make investments in certain schemes, I discovered the reality behind a lot of businesses & their organizations, including whether or not they are trustworthy for investment. 

The Blockchain Era, a Ponzi scheme, was one of the investments I was able to recognize even though I received a lot of fraudulent and questionable ones. All of this system’s unstable features will be covered today.

Do you know about The Blockchain Era?

The website “The Blockchain Era,” sometimes referred to as “Jose Gordo’s latest scam,” has sparked controversy owing to its lack of transparency surrounding ownership and executive information. Several interesting things become apparent when looking at the domain registration and older website data.

The website’s domain, “tbe.io,” was first registered by The Blockchain Era in 2016. Nevertheless, it’s important to keep in mind that the domain authorization is confidential, which means that the information about the domain owner is not available to the general public. 

We look at 34 different data points when analyzing and rating online money-earning opportunities. Once the research on these data points is submitted, expert contributors reach out to the company’s customers and associates to get more insight into their operation. Finally, all the collected information is presented in the form of this expert review.

All the data is extracted from publicly available information and the sources are given in the transparency section at the bottom of every report.

These reports are made possible by the collective efforts of contributors like you. If you would like to become a contributor then contact us here.

Some level of continuous activity or maintenance is taking place because the most recent modification to this private membership was made on August 19.

You may use the Wayback Machine, a tool for browsing internet archives, to learn more about the website’s past and development. According to this source, The Blockchain Era’s website’s most recent edition only recently became reachable in late July 2023. 

Considering this data, it is conceivable that the domain for The Blockchain Era’s website was obtained in June or July of the same year, or around the time the website went live.

The Blockchain Era’s transparency and legality are called into doubt by the registration of private domains in connection with the website’s unanticipated appearance in 2023. Some have questioned the legitimacy of this online endeavor because there is no information regarding ownership and executives, along with the timing of the website’s launch, hence the nickname “Jose Gordo’s latest scam.”

When was The Blockchain Era established?

The domain name for the Blockchain Era website was acquired possibly in June or July 2023.

Who is the Holder of the Blockchain Era?

Luiz Goes emerged from the shadows as CEO of the Lyo* firms during this reboot.

You may follow him on his LinkedIn at the following link:

https://www.linkedin.com/in/luizgoeslyo/?locale=en_US

History Linked to The Blockchain Era

WeWe Global’s three-times-collapsed Ponzi scam includes LyoTrade and LyoWallet.

WeWe Global made its debut in 2021. The initial version was a straightforward MLM cryptocurrency Ponzi centered on WEWEX coins. WeWeGlobal created LyoFI and LyoPay after the fall of the WEWEX Ponzi scheme (probably LyoTrade followed later).

Luiz Goes also emerged from hiding during this relaunch, serving as CEO of the Lyo* businesses.

WeWe Global’s second incarnation was an identical Ponzi scheme as the first, except it was based around LYO tokens this time. A third reboot was introduced using the LFI token when it failed at the end of 2022.

WeWe Global’s third Ponzi reboot fell apart in August 2023 after a New Zealand securities scam in February 2023.

The corporate name “WeWe Global” was rejected in favor of The Blockchain Era after three reboots because it was considered too offensive.

The global hub of MLM crime, Dubai, is where Goes and The Blockchain Era are headquartered.

The rules for Dubai from BehindMLM are:

Someone trying to contact you if they are from Dubai and approach you about an MLM opportunity.

An MLM business that claims to be based in Dubai or to have connections there is a fraud.

How does The Blockchain Era work?

It is an unregulated & unauthorized trading platform that is unsafe for investment. Yet its functioning can be divided into the following points:

Products of the Blockchain Era

Compensation Plan of The Blockchain Era

Referral Commissions

Recurring Commissions

Products of The Blockchain Era 

There are no retail-ready services or goods available in the Blockchain Era. AiProFX affiliates are only allowed to advertise affiliate membership.

Compensation Plan of The Blockchain Era

This table lists the EUR payment amount, the EUR investment cap, and whether the contribution is eligible for XLFi returns. Payments under 5500 EUR do not qualify for XLFi returns; payments over 5500 EUR do.

In the outside world beyond The Blockchain Era, EURfi is a useless internal crap token.

Profits are paid both through the Quantwise trading bot scam (5500 EUR charge and higher) and the XLFi token minting.

The Blockchain Era is connected to another worthless home trash token, XLFi.

The following price points are available for XLFi returns if The Blockchain Era only wants passive ones:Fee (EUR)Maximum Investment (EURfi)22044044088077501540110022001760352044008800

The Blockchain Era’s MLM component rewards the recruitment of affiliate participants. You should be aware that 30% of all MLM rewards and commissions must be reinvested.

Referral Commission

On the funds invested by individually recruited affiliates, The Blockchain Era provides a 10% referral commission. For an affiliate’s first 30 days, this rate is increased to 15%.

Recurring Commission

Through a unilevel compensation structure, residual commissions are paid in the Blockchain Era.

Affiliates are categorized into various categories in this compensation structure according to their efforts in recruiting new members. The additional affiliates that level 1 affiliates bring on board join the original affiliate’s team at level 2. Although the corporation has set a limit of 15 layers, this recruitment system may theoretically go on forever.

Affiliates receive commissions for referring customers based on the purchases completed by the affiliates in their downline. According to the level, the commission rates change:

A 15% commission on the money invested by their recruits is given to level 1 affiliates who personally recruited others.

A 5% fee on the investments made by affiliates in their level is paid to level 2 affiliates (those recruited by level 1).

Levels 3 and 4 have a 3% commission rate, which means affiliates at those levels get paid 3% of what people in their downline invest at those levels.

The commission rate was reduced to 2% for levels 5 and 6.

Last but not least, the commission charge is still 1% for levels 7 to 15.

Affiliates are encouraged by this incentive structure to not only bring on new members but also to bring on more affiliates to expand their downline. Although the commission rate decreases the further down their downline goes, it may still be able to produce cash from several levels up to the maximum of 15 levels.

The following qualification requirements must be met to be eligible for unilevel team levels:Level BV RequiredLevel 1200 BVLevel 2300 BVLevel 3500 BVLevel 41000 BVLevel 51500 BVLevel 62000 BVLevel 72500 BVLevel 83000 BVLevel 95000 BVLevel 106000 BVLevel 117000 BVLevel 128000 BVLevel 139000 BVLevel 1410,000 BV

* Business Volume is known as BV. With each investment made into The Blockchain Era, BV is produced, however at a far lower rate than the actual investment was made with.

What is the procedure for joining the membership of The Blockchain Era?

It costs nothing to become a Blockchain Era associate. There is a minimum fee payment of 110 EUR as well as a further investment in EURfi tokens needed for full participation in the linked income potential.

Conclusion

Due to its failure to register with financial regulations, the Blockchain Era is now functioning illegally, as determined by New Zealand’s FMA. This absence is because monies from new investors constitute the main revenue stream supporting The Blockchain Era. A plan adheres to the standard Ponzi scheme structure when it uses fresh investments to pay off earlier investors.

The Blockchain Era’s ability to remain profitable, like all MLM Ponzi schemes, is reliant on bringing on new affiliates constantly, which eventually becomes unmanageable. A lack of funds for withdrawal results from a slowdown in recruitment since the flow of fresh money is reduced. The Blockchain Era’s demise as a result of this financial burden is inevitable.

The three prior collapses of WeWe Global provide a good illustration of this cycle in operation.

Even with the new name, The Blockchain Era will probably collapse even faster given that the third WeWe Global reboot only lasted eight months or so.

[mlmsoftwarecompanyn2n]

Unlocking the Power of MLM Software and Revolutionizing Network Marketing

Welcome Our MLM software development plays a key role for network marketing firms. Customized software solutions are necessary for managing complicated structures, monitoring commissions, and doing sales analytics. These technologies enable MLM organizations to streamline operations, increase productivity, and deliver real-time information, promoting long-term development and success in the competitive network marketing industry. Whether it's supporting seamless communication or automating compensation schemes, MLM software development is critical to boosting organizational success and providing a smooth experience for both distributors and administrators.

Customization for Unique Business Needs:

MLM organizations have a wide range of structures, compensation programs, and product offers. A one-size-fits-all strategy is inadequate. A tailored MLM software solution enables organizations to customize the platform to meet their individual requirements, enabling smooth integration with their unique business model.

User-Friendly Interface:

A effective MLM software is one that is simple to use by both administrators and network marketers. A user-friendly design makes onboarding easier, decreasing the learning curve for new members and allowing them to focus on expanding their network and increasing sales.

Automation for Efficient Operations:

Automation is a game changer in multilevel marketing. MLM software Developer automates ineffective operations, such as tracking sales and commissions and maintaining downlines, allowing firms to function more effectively. This not only saves time, but also reduces the chance of mistakes that come with manual data management.

Real-Time Analytics for Informed Decision-Making:

Being able to get to real-time analytics has become essential for making accurate decisions.  MLM software Company provides comprehensive insights into sales performance, team growth, and overall business metrics. This data empowers businesses to identify trends, optimize strategies, and stay ahead of the competition.

Security and Reliability:

Security is paramount in the MLM industry, given the sensitive nature of financial transactions and personal information. A reliable MLM software ensures data integrity, secure transactions, and protection against potential threats. This instills trust among users and contributes to the long-term success of the business.

Scalability to Accommodate Growth:

A well-designed MLM software Company in Delhi  is scalable, capable of accommodating the growth of your network marketing business. Whether you're expanding your product line, entering new markets, or increasing the number of distributors, your MLM software should seamlessly scale to support your evolving needs.

Mobile Accessibility for On-the-Go Operations:

In the age of smartphones, having a mobile-friendly MLM software Developers in Delhi  is imperative. Distributors should be able to manage their business on the go, from checking commissions to recruiting new members. Mobile accessibility enhances flexibility and ensures that your network marketing business is always within reach.

Compliance with Industry Regulations:

Staying compliant with MLM regulations is critical to the success and longevity of your business. A specialized MLM software solution incorporates features that help businesses adhere to legal requirements and industry standards, mitigating the risk of legal challenges.

Conclusion:

Investing in a customized MLM software solution is more than simply a technology improvement; it is a strategic step to ensure the long-term success of your network marketing firm. By using the power of automation, customization, and real-time analytics, MLM software serves as a catalyst for success in an ever-changing business. Embrace the future of network marketing with advanced MLM software that empowers your organization and lays the groundwork for unparalleled success.

[cryptoappfactory]

USDT payment automatic system MLM

For More Details Please Contact

Call / Whatsapp: +91 73972 24461

Website: www.Cryptoappfactory.com

101, Kumaran Colony,

Vadapalani,

Chennai.

USDT payment automatic system MLM

Revolutionizing MLM: Integrating USDT Automatic Payments into MLM Software

In today's rapidly evolving business landscape, Multi-Level Marketing (MLM) companies are constantly searching for innovative ways to enhance their operations and improve the user experience. One such groundbreaking development is the integration of USDT (Tether) automatic payment systems into MLM software. This fusion of traditional MLM structures with blockchain technology is poised to transform the industry.

Understanding USDT: A Stablecoin Game Changer

Before we delve into the advantages of integrating USDT into MLM software, let's take a moment to understand what USDT is and why it's an ideal candidate for this role. USDT is a stablecoin, which means it's pegged to the value of a fiat currency, like the US dollar, and remains relatively stable. Its value doesn't fluctuate as wildly as other cryptocurrencies, making it a practical choice for transactions and investments.

The Benefits of USDT Integration in MLM Software

Global Accessibility: USDT operates on the blockchain, allowing for borderless transactions. This means MLM members worldwide can participate without the limitations associated with traditional payment systems.

Instant and Low-Cost Transactions: USDT transactions are lightning-fast and cost-effective. Members can receive and send payments almost instantly, reducing the waiting time and associated transaction fees.

Enhanced Security: Blockchain technology underpins USDT, offering a level of security that traditional banking systems can't match. Transactions are recorded on an immutable ledger, providing transparency and reducing the risk of fraud.

User-Friendly Wallets: Integrating USDT wallets into the MLM software simplifies the user experience. Members can easily manage their earnings, withdraw funds, and make payments through the platform.

Smart Contract Automation: USDT integration allows for the automation of commissions and bonuses, following the predefined MLM compensation plan. This streamlines payments and ensures accuracy.

Key Considerations for MLM Software Development with USDT Integration

Developing MLM software with USDT integration is a complex endeavor that involves the following considerations:

Regulatory Compliance: MLM operations must comply with local and international regulations. Seek legal guidance to ensure your system adheres to these rules.

Blockchain Technology Expertise: Employ a team with experience in blockchain and cryptocurrency integration to navigate the intricacies of USDT.

User Security: Prioritize the security of user data and digital assets. Implement robust security measures such as encryption and two-factor authentication.

User-Friendly Interface: Ensure that the user interface is intuitive and mobile-compatible to cater to a broad audience.

Documentation and Support: Provide comprehensive documentation and support resources to assist users and administrators.

Regular Maintenance and Updates: Plan for ongoing maintenance, updates, and feature enhancements to keep your MLM software competitive and secure.

The integration of USDT automatic payment systems into MLM software represents a giant leap forward for the industry. It offers the advantages of global accessibility, security, and fast, low-cost transactions. However, to ensure success, careful planning, regulatory compliance, and a strong development team are essential.

Our Other Best Crypto Coins Integrated MLM Software

Bitcoin MLM Software

Ethereum MLM Software

Riple MLM Software

Tron MLM Software

Litecoin MLM Software

Dash MLM Software

BUSD MLM Software

TRC-20 MLM Software

ERC-20 MLM Software

Steller MLM Software

EOS Blockchain MLM Software

Binance MLM Software

Solana MLM Software

Are you ready to revolutionize your MLM business? Consider integrating USDT into your MLM software and embrace the future of network marketing.

Call us immediately and talk to our executive +91 73972 24461

[cryptosoftmalaysia]

USDT payment automatic system MLM

For More Details Please Contact

Call / Whatsapp: +60 16-499 8736

Website: www.cryptosoftmalaysia.com

Unit3, Level 22,

 The Gardens South Tower,

 Mid Valley City,

59200

Kuala Lumpur

USDT payment automatic system MLM

Revolutionizing MLM: Integrating USDT Automatic Payments into MLM Software

In today's rapidly evolving business landscape, Multi-Level Marketing (MLM) companies are constantly searching for innovative ways to enhance their operations and improve the user experience. One such groundbreaking development is the integration of USDT (Tether) automatic payment systems into MLM software. This fusion of traditional MLM structures with blockchain technology is poised to transform the industry.

Understanding USDT: A Stablecoin Game Changer

Before we delve into the advantages of integrating USDT into MLM software, let's take a moment to understand what USDT is and why it's an ideal candidate for this role. USDT is a stablecoin, which means it's pegged to the value of a fiat currency, like the US dollar, and remains relatively stable. Its value doesn't fluctuate as wildly as other cryptocurrencies, making it a practical choice for transactions and investments.

The Benefits of USDT Integration in MLM Software

Global Accessibility: USDT operates on the blockchain, allowing for borderless transactions. This means MLM members worldwide can participate without the limitations associated with traditional payment systems.

Instant and Low-Cost Transactions: USDT transactions are lightning-fast and cost-effective. Members can receive and send payments almost instantly, reducing the waiting time and associated transaction fees.

Enhanced Security: Blockchain technology underpins USDT, offering a level of security that traditional banking systems can't match. Transactions are recorded on an immutable ledger, providing transparency and reducing the risk of fraud.

User-Friendly Wallets: Integrating USDT wallets into the MLM software simplifies the user experience. Members can easily manage their earnings, withdraw funds, and make payments through the platform.

Smart Contract Automation: USDT integration allows for the automation of commissions and bonuses, following the predefined MLM compensation plan. This streamlines payments and ensures accuracy.

Key Considerations for MLM Software Development with USDT Integration

Developing MLM software with USDT integration is a complex endeavor that involves the following considerations:

Regulatory Compliance: MLM operations must comply with local and international regulations. Seek legal guidance to ensure your system adheres to these rules.

Blockchain Technology Expertise: Employ a team with experience in blockchain and cryptocurrency integration to navigate the intricacies of USDT.

User Security: Prioritize the security of user data and digital assets. Implement robust security measures such as encryption and two-factor authentication.

User-Friendly Interface: Ensure that the user interface is intuitive and mobile-compatible to cater to a broad audience.

Documentation and Support: Provide comprehensive documentation and support resources to assist users and administrators.

Regular Maintenance and Updates: Plan for ongoing maintenance, updates, and feature enhancements to keep your MLM software competitive and secure.

The integration of USDT automatic payment systems into MLM software represents a giant leap forward for the industry. It offers the advantages of global accessibility, security, and fast, low-cost transactions. However, to ensure success, careful planning, regulatory compliance, and a strong development team are essential.

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Are you ready to revolutionize your MLM business? Consider integrating USDT into your MLM software and embrace the future of network marketing.

Call us immediately and talk to our executive +60 16-499 8736

[cryptosoftindia]

USDT payment automatic system MLM

For More Details Please Contact

Call / Whatsapp: +91 6385108373

Website:www. cryptosoftindia.com

1/124, DLF IT Park Rd,

Ramapuram,

Chennai – 600116

USDT payment automatic system MLM

Revolutionizing MLM: Integrating USDT Automatic Payments into MLM Software

In today's rapidly evolving business landscape, Multi-Level Marketing (MLM) companies are constantly searching for innovative ways to enhance their operations and improve the user experience. One such groundbreaking development is the integration of USDT (Tether) automatic payment systems into MLM software. This fusion of traditional MLM structures with blockchain technology is poised to transform the industry.

Understanding USDT: A Stablecoin Game Changer

Before we delve into the advantages of integrating USDT into MLM software, let's take a moment to understand what USDT is and why it's an ideal candidate for this role. USDT is a stablecoin, which means it's pegged to the value of a fiat currency, like the US dollar, and remains relatively stable. Its value doesn't fluctuate as wildly as other cryptocurrencies, making it a practical choice for transactions and investments.

The Benefits of USDT Integration in MLM Software

Global Accessibility: USDT operates on the blockchain, allowing for borderless transactions. This means MLM members worldwide can participate without the limitations associated with traditional payment systems.

Instant and Low-Cost Transactions: USDT transactions are lightning-fast and cost-effective. Members can receive and send payments almost instantly, reducing the waiting time and associated transaction fees.

Enhanced Security: Blockchain technology underpins USDT, offering a level of security that traditional banking systems can't match. Transactions are recorded on an immutable ledger, providing transparency and reducing the risk of fraud.

User-Friendly Wallets: Integrating USDT wallets into the MLM software simplifies the user experience. Members can easily manage their earnings, withdraw funds, and make payments through the platform.

Smart Contract Automation: USDT integration allows for the automation of commissions and bonuses, following the predefined MLM compensation plan. This streamlines payments and ensures accuracy.

Key Considerations for MLM Software Development with USDT Integration

Developing MLM software with USDT integration is a complex endeavor that involves the following considerations:

Regulatory Compliance: MLM operations must comply with local and international regulations. Seek legal guidance to ensure your system adheres to these rules.

Blockchain Technology Expertise: Employ a team with experience in blockchain and cryptocurrency integration to navigate the intricacies of USDT.

User Security: Prioritize the security of user data and digital assets. Implement robust security measures such as encryption and two-factor authentication.

User-Friendly Interface: Ensure that the user interface is intuitive and mobile-compatible to cater to a broad audience.

Documentation and Support: Provide comprehensive documentation and support resources to assist users and administrators.

Regular Maintenance and Updates: Plan for ongoing maintenance, updates, and feature enhancements to keep your MLM software competitive and secure.

The integration of USDT automatic payment systems into MLM software represents a giant leap forward for the industry. It offers the advantages of global accessibility, security, and fast, low-cost transactions. However, to ensure success, careful planning, regulatory compliance, and a strong development team are essential.

Our Other Best Crypto Coins Integrated MLM Software

Bitcoin MLM Software

Ethereum MLM Software

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Tron MLM Software

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BUSD MLM Software

TRC-20 MLM Software

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EOS Blockchain MLM Software

Binance MLM Software

Solana MLM Software

Are you ready to revolutionize your MLM business? Consider integrating USDT into your MLM software and embrace the future of network marketing.

Call us immediately and talk to our executive +91 6385108373

[mlmtamilnadu]

USDT payment automatic system MLM

For More Details Please Contact

Call / Whatsapp: +91 9840566115

Website: www.mlmsoftwaretamilnadu.in

MLM Software Tamilnadu,

26, 49th Avenue,

Ashok nagar,

Chennai – 600083

USDT payment automatic system MLM

 

Revolutionizing MLM: Integrating USDT Automatic Payments into MLM Software

In today's rapidly evolving business landscape, Multi-Level Marketing (MLM) companies are constantly searching for innovative ways to enhance their operations and improve the user experience. One such groundbreaking development is the integration of USDT (Tether) automatic payment systems into MLM software. This fusion of traditional MLM structures with blockchain technology is poised to transform the industry.

Understanding USDT: A Stablecoin Game Changer

Before we delve into the advantages of integrating USDT into MLM software, let's take a moment to understand what USDT is and why it's an ideal candidate for this role. USDT is a stablecoin, which means it's pegged to the value of a fiat currency, like the US dollar, and remains relatively stable. Its value doesn't fluctuate as wildly as other cryptocurrencies, making it a practical choice for transactions and investments.

The Benefits of USDT Integration in MLM Software

Global Accessibility: USDT operates on the blockchain, allowing for borderless transactions. This means MLM members worldwide can participate without the limitations associated with traditional payment systems.

Instant and Low-Cost Transactions: USDT transactions are lightning-fast and cost-effective. Members can receive and send payments almost instantly, reducing the waiting time and associated transaction fees.

Enhanced Security: Blockchain technology underpins USDT, offering a level of security that traditional banking systems can't match. Transactions are recorded on an immutable ledger, providing transparency and reducing the risk of fraud.

User-Friendly Wallets: Integrating USDT wallets into the MLM software simplifies the user experience. Members can easily manage their earnings, withdraw funds, and make payments through the platform.

Smart Contract Automation: USDT integration allows for the automation of commissions and bonuses, following the predefined MLM compensation plan. This streamlines payments and ensures accuracy.

Key Considerations for MLM Software Development with USDT Integration

Developing MLM software with USDT integration is a complex endeavor that involves the following considerations:

Regulatory Compliance: MLM operations must comply with local and international regulations. Seek legal guidance to ensure your system adheres to these rules.

Blockchain Technology Expertise: Employ a team with experience in blockchain and cryptocurrency integration to navigate the intricacies of USDT.

User Security: Prioritize the security of user data and digital assets. Implement robust security measures such as encryption and two-factor authentication.

User-Friendly Interface: Ensure that the user interface is intuitive and mobile-compatible to cater to a broad audience.

Documentation and Support: Provide comprehensive documentation and support resources to assist users and administrators.

Regular Maintenance and Updates: Plan for ongoing maintenance, updates, and feature enhancements to keep your MLM software competitive and secure.

The integration of USDT automatic payment systems into MLM software represents a giant leap forward for the industry. It offers the advantages of global accessibility, security, and fast, low-cost transactions. However, to ensure success, careful planning, regulatory compliance, and a strong development team are essential.

Our Other Best Crypto Coins Integrated MLM Software

Bitcoin MLM Software

Ethereum MLM Software

Riple MLM Software

Tron MLM Software

Litecoin MLM Software

Dash MLM Software

BUSD MLM Software

TRC-20 MLM Software

ERC-20 MLM Software

Steller MLM Software

EOS Blockchain MLM Software

Binance MLM Software

Solana MLM Software

Are you ready to revolutionize your MLM business? Consider integrating USDT into your MLM software and embrace the future of network marketing.

Call us immediately and talk to our executive +91 9840566115